BOYLE STATEMENT ON THE PRESIDENT’S BUDGET FOR FY 2022
WASHINGTON, DC – Congressman Brendan F. Boyle (PA-02), House Budget Committee Vice Chair, issued the following statement in advance of the committee’s upcoming hearing (June 9) on President Biden's FY 2022 Budget:
“Our nation’s federal budget is more than a bottom line, it’s a statement of our values,” said Congressman Boyle. “As we emerge from this pandemic, it is clear we must address the urgent need to invest in physical & human infrastructure. This is the time to go big and be bold. President Biden’s budget provides our nation with an opportunity to revitalize critical parts of our economy – from caregiving to clean energy – and create good-paying jobs in a people-first economy while doing so. The Biden budget begins a new era of investing in American potential to create a stronger, more equitable future for all Americans.”
While creating jobs and revitalizing U.S. manufacturing in a 21st Century Infrastructure, President Biden's budget will:
- Invest $2.2 trillion over 10 years in fortifying and modernizing American infrastructure, while creating good-paying jobs and revitalizing U.S. manufacturing
- Invest $74 billion in Amtrak and other programs that support passenger and freight rail. The budget accelerates the transition already underway to a more electrified transportation system that has a lesser impact on climate change.
- Invest $157 billion in electric vehicles, including support for manufacturing of batteries and vehicles, incentives for consumers, funding to build a network of charging stations, and electrification of school buses.
- Invest $98 billion in building a resilient and upgraded electric grid and modernizing the power sector through clean energy block grants.
- Invest $100 billion in a digital infrastructure, adoption, and affordability initiative that connects families to highspeed internet service.
- Provide $111 billion to replace the Nation’s lead pipes and service lines and reduce lead exposure in homes, schools, and child care facilities
- Invest $87 billion over 10 years in workforce development so that America will have a stronger, more agile workforce
- Invest $225 billion over 10 years to make child care more affordable
- Provide nearly $800 billion of tax benefits for workers and families over 10 years by extending the expanded tax credit provisions enacted in the American Rescue Plan.
- Invest more than $1.4 billion to secure environmental justice for marginalized and overburdened communities
- Provide $64 billion for diplomatic affairs activities, an 11 percent increase above the 2021 enacted level.
- Provide $113 billion in discretionary funding for the Department of Veterans Affairs (VA), an $8.5 billion or 8.2 percent increase from 2021.